scorpion: Not trying to have a go at you, but just wondering what the rationale for your position is.
Personally, none of this stuff makes any sense to me. As with you, it does seem like gambling to me, and a lot of it seems to add absolutely no productive value to anything. I'm a value investor, so I shrug my shoulders at it. My attitude is either 1) how can I avoid getting caught up in the nonsense, or 2) how can I profit from it?
Increasingly in life, I'm finding that I can't get all bent out of shape by other people's irrationality and go on an idealistic mission to save humanity or society from itself. All I can do is make sure I'm not on the Titanic when it goes down. I know that you and I both have major reservations about (post-)modernity. I'll PM you for a (hopefully) longer/broader reply, because I've been wanting to ask you for your thoughts on this for a while, since certain core issues keep coming up and I see that you're someone who is deeply interested in (and troubled by) the current state of affairs.
In the meantime, I'd be interested if you'd elaborate a little more specifically on your thoughts regarding finance/economics.
Personally, none of this stuff makes any sense to me. As with you, it does seem like gambling to me, and a lot of it seems to add absolutely no productive value to anything. I'm a value investor, so I shrug my shoulders at it. My attitude is either 1) how can I avoid getting caught up in the nonsense, or 2) how can I profit from it?
Increasingly in life, I'm finding that I can't get all bent out of shape by other people's irrationality and go on an idealistic mission to save humanity or society from itself. All I can do is make sure I'm not on the Titanic when it goes down. I know that you and I both have major reservations about (post-)modernity. I'll PM you for a (hopefully) longer/broader reply, because I've been wanting to ask you for your thoughts on this for a while, since certain core issues keep coming up and I see that you're someone who is deeply interested in (and troubled by) the current state of affairs.
In the meantime, I'd be interested if you'd elaborate a little more specifically on your thoughts regarding finance/economics.